The Cato Corporationbenefits

The Cato Corporation's benefits plans covered 1,514 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $101,361 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $67 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 8.5% from $93,402 in 2023.